ECOLOVO(SZ:301116)2022-10-24 16:00Financial Performance - The company's revenue for Q3 2022 reached ¥5,233,664,115.49, representing a 27.70% increase compared to the same period last year[4]. - Net profit attributable to shareholders was ¥71,177,941.43, a significant increase of 350.03% year-on-year[4]. - The basic earnings per share for the period was ¥0.18, reflecting a 350.00% increase compared to the previous year[4]. - Total operating revenue for the period reached ¥13.31 billion, an increase of 12.6% compared to ¥11.82 billion in the previous period[24]. - Net profit for the period was a loss of ¥29.07 million, compared to a profit of ¥57.32 million in the same period last year[25]. - Basic and diluted earnings per share were both -¥0.08, compared to ¥0.12 in the same period last year[25]. - The company experienced a decrease in total profit to -¥23.84 million, down from ¥60.70 million in the previous period[24]. Assets and Liabilities - Total assets as of September 30, 2022, amounted to ¥4,696,245,951.69, an 18.04% increase from the end of the previous year[4]. - Current assets amounted to CNY 2,166,552,585.75, up from CNY 1,477,358,838.47, indicating a growth of about 46.7%[22]. - Total liabilities were CNY 2,779,568,105.54, compared to CNY 2,447,215,841.55 at the start of the year, marking an increase of around 13.5%[23]. - The company's equity attributable to shareholders rose to CNY 1,869,720,689.69 from CNY 1,482,934,909.07, reflecting a growth of about 26.1%[23]. - The total non-current assets were CNY 2,529,693,365.94, slightly up from CNY 2,501,096,319.34, reflecting a growth of approximately 1.1%[22]. Cash Flow - Cash flow from operating activities showed a net outflow of ¥136,927,988.60, a decline of 746.45% compared to the previous year[4]. - The company reported a net cash flow from operating activities of -¥136.93 million, a significant decline from ¥21.18 million in the previous period[28]. - The company generated cash inflow from financing activities of ¥1.40 billion, compared to ¥990.64 million in the previous period[28]. - The cash and cash equivalents at the end of the period were ¥421.94 million, an increase from ¥267.33 million at the end of the previous period[28]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 13,149[14]. - Jiangsu Yike Agricultural Investment Co., Ltd. holds 70.11% of shares, totaling 314,772,806 shares[14]. - The top ten shareholders collectively hold significant stakes, with the largest shareholder holding over 70%[14]. - The majority of the top shareholders are domestic non-state-owned entities[14]. - The company has a strong focus on maintaining shareholder structure stability with no significant changes reported[16]. - The company is actively managing its shareholder relationships to ensure compliance and transparency[15]. Expenses - Research and development expenses increased by 45.62% to ¥20,297,229.00, indicating a focus on enhancing R&D efforts[10]. - Research and development expenses increased to ¥20.30 million, up 45.5% from ¥13.94 million in the prior period[24]. - The company reported a significant increase in sales expenses to ¥56.24 million, compared to ¥41.66 million in the prior period[24]. Accounts Receivable and Borrowings - The company reported a 83.92% increase in accounts receivable, totaling ¥708,205,174.26, due to customers utilizing credit policies more fully[8]. - The company’s long-term borrowings increased by 33.64% to ¥329,053,900.24, attributed to project financing[8]. - Short-term borrowings decreased slightly to CNY 832,868,136.39 from CNY 853,250,001.72, a decline of approximately 2.2%[23]. - Accounts receivable increased significantly to CNY 708,205,174.26 from CNY 385,055,037.04, showing a growth of about 84.2%[22]. Capital and Reserves - The capital reserve increased by 128.49% to ¥710,116,922.05, primarily due to IPO financing[8]. - The capital reserve increased to CNY 710,116,922.05 from CNY 310,791,532.11, indicating a substantial rise of approximately 128.5%[23]. - The company received tax refunds totaling ¥35,761,252.89, a substantial increase of 2023.85% compared to the previous year[12]. Restricted Shares - The company has no newly released restricted shares during the reporting period[17]. - The total number of restricted shares at the end of the period remains unchanged for major shareholders[17]. - The company anticipates the release of restricted shares for Jiangsu Yike Agricultural Investment Co., Ltd. on January 18, 2025[17].